This fund is only available to wholesale clients (as defined by the Corporations Act 2001)

The Fund is an absolute return-focused, multi-sector Fund, with active rotation in global fixed income and credit markets.

The Fund is actively managed and focused on delivering consistent levels of income, while aiming to protect against downside risk through the flexibility to hold up to 90% cash (if circumstances require).

Bentham invests in global credit markets; seeking to add value through actively managing allocations across different credit sectors, and adapting the Fund's credit exposure to suit market conditions across the credit cycle. Security selection and allocations across sectors are based on upon the prospective investment return and risk. Leverage may be employed to take advantage of investment opportunities in the market.

Fund Features

Provides investors access to a highly diversified, multi sector global portfolio of credit securities that would otherwise not be available to investors in the domestic market

Actively managed Fund with the flexibility to adapt its credit and cash exposure to suit market conditions across the credit cycle, gravitating to markets with the highest risk adjusted returns

Rigorous and robust investment process

Daily unit pricing

Fund Profile

Fund Name

Bentham Global Opportunities Fund

Investment manager

Bentham Asset Management

Responsible entity

Fidante Partners Limited

Minimum investment timeframe

Medium term - three years

Benchmark

Bloomberg AusBond Bank Bill Index

Currency

AUD denominated, Bentham aims to hedge any foreign currency exposure back to the Australian dollar to between 85% and 115% of the NAV of the Fund.

Distribution frequency

Quarterly

Fund aim

To provide diversified exposure to securities across global credit markets, with the flexibility to adapt its credit and cash exposure to suit market conditions across the credit cycle, and deliver consistent levels of income.

Performance objective

The Fund aims to provide investors with investment returns that exceed the Bloomberg AusBond Bank Bill Index (Benchmark) by 3% per annum after fees over rolling three-year periods.

Investment universe

The Fund invests in global credit and fixed interest markets. The Fund’s investments include, but are not limited to, Australian and global hybrid securities, global high yield bonds, global syndicated loans, investment grade securities, global capital securities, asset backed securities, equities, and derivatives. As part of the portfolio construction process, the Fund may use derivatives to manage risk, gain economic exposure to securities, or for leverage.

Investor type

Wholesale only*

* Wholesale as defined in the Corporations Act 2001 (Cth)

The information contained above is current as at December 2018. Fidante Partners Limited ABN 94 002 835 592, AFSL 234668 (Fidante Partners), is the Responsible Entity and issuer of interests in the Bentham Global Opportunities Fund (Fund). The Fund is available to wholesale clients (as defined by the Corporations Act 2001) only. Bentham Asset Management Pty Ltd ABN 92 140 833 674, AFSL 356199 (Bentham) is the investment manager of the Fund.

Returns

Gross fund performance* - as at 28 February 2019 (%)

Bentham Global Opportunities Fund

3 months

6 months

1 year

SinceInception

Bentham Global Opportunities Fund (%)

1.20

1.14

2.56

4.39

Bloomberg AusBond Bank Bill Index

0.51

0.99

1.99

1.88

*Returns are calculated before fees and using pre-distribution month end withdrawal unit prices, and assumes all income is reinvested in additional units. Past performance is not necessarily indicative of future performance. Returns may be volatile and may vary from year to year. Source: Fidante Partners Services Limited, State Street. Fund inception date: 8 June 2017.

Distribution History (% of NAV*)

Fin Year

Sep

Dec

Mar

Jun

YTD

FY19

1.12

1.12

0.00

0.00

2.23

FY18

0.30

0.55

0.49

0.98

2.41

FY17

0.15

*Calculated as the CPU distribution at month end divided by the ex-distribution NAV at the start of the month. Past distributions are no indication of future distributions. Source: Fidante Partners Services Limited.

Ratings & Awards

Partners

The information contained in this presentation is current as at the date of this presentation unless otherwise specified and is provided by Bentham Asset Management ABN 92 140 833 674 AFSL 356199 (‘Bentham’).